Iqoption.com Trading Hours Fees
Please find below all the fees charged for the use of our financial instruments and a detailed trading schedule.
Spread may vary depending on market conditions and liquidity. Under certain circumstances, spread may be either higher or lower than the level indicated in the table. Also, please pay attention to overnight fees that are charged for keeping your positions open.
IqOption Withdrawal (Bank Transfer) Fee
For each withdrawal of funds through bank transfer, you shall pay a fee of 25 euros or an equivalent amount in another currency.
Unfortunately, you cannot withdraw less than 2 euros or an equivalent amount in another currency. For this purpose, please contact our Support Team.
Iqoption don’t charge any fees for withdrawals through payment systems.
IqOption Inactive Account Fee
If during 90 (ninety) consecutive calendar days or more the Client places no orders to make trades/Transactions (“Inactive Account”). The Company reserves the right to charge an Inactive Account fee for the amount of EUR 50. Which is to be deducted monthly from the Customer’s Account balance up until the Account becomes active again (“Fee”). The Fee shall not exceed the total balance in the Customer’s Account.
IqOption General Fees:
Any examples in the tables are for illustration purposes only.
CFDs on Forex
Nature: One-off costs
Type: Spread
Description: The difference between the bid (sell) price and the ask (buy) price. The difference is presented in pips and reflects the cost of opening a position. Spread is dependent on many different factors, including but not limited. The underlying liquidity and volatility, time of day and notional trade size. For example, if the underlying asset/ EUR/USD is trading at 1.2029, our ask (buy) price might be 1.2030 and the bid (sell) price might be 1.2028. The spread in this example is (ask-sell price) = 2 pips
Nature: Other costs
Type: Dormant account fees
Description: In the absence of any account activity for a period of at least ninety (90) consecutive days an amount of €50 (Euro Fifty or the equivalent amount in another currency on the day of deduction of the fee) every month in order to maintain the account, on the condition that the Client account has the available funds.
Nature: –
Type: Withdrawal fees
Description: No withdrawal fees for withdrawals through payment service providers (PSPs). List of PSPs is included below. Withdrawals for amounts under €2 or the equivalent in another currency cannot be processed. Client has to contact customer support. Withdrawals through bank transferring is €50 or the equivalent in another currency for every withdrawal.
Cryptocurrencies LONG/BUY transactions
Nature: One-off costs
Type: Spread
Description: The difference between the bid (sell) price and the ask (buy) price. The difference reflects the cost of opening a position. The spread is dependent on many different factors. Including but not limited to, the underlying liquidity and volatility, time of day and notional trade size. For example, if the underlying asset BTC/USD is trading at 15188 our ask (buy) price might be 15700 and the bid (sell) price might be 14676. The spread in this example is (ask-bid price) = 1024
Nature: –
Type: Commission
Description: A fee of 2.9% of the transaction for opening cryptocurrency long positions. For example, if a Client wants to invest an amount of $1 to buy the equivalent amount of Bitcoin, he will be charged an additional amount of 2.9% on the investment amount i.e. $0.029 for opening his position.
Nature: Ongoing costs
Type: Swap fee
Description: The Company reserves the right to charge the Client a swap fee (of up to 0.07% of the face value of the position) for keeping a position open overnight. This swap fee can be subject to changes in the future. The swap fee for overnight keeping of positions on Friday is 3 times the normal swap fee to include the weekend.
Nature: Other costs
Type: Dormant account fees
Description: In the absence of any account activity for a period of at least ninety (90) consecutive days an amount of €50 (Euro Fifty or the equivalent amount in another currency on the day of deduction of the fee) every month in order to maintain the account, on the condition that the Client account has the available funds.
Nature: –
Type: Withdrawal fees
Description: No withdrawal fees for withdrawals through payment service providers (PSPs). List of PSPs is included below. Withdrawals for amounts under €2 or the equivalent in another currency cannot be processed and client has to contact customer support. Withdrawals through bank transferring is €25 or the equivalent in another currency for every withdrawal.
CFDs on Cryptocurrencies for short-sell transactions
Nature: One-off costs
Type: Spread
Description: The difference between the bid (sell) price and the ask (buy) price. The difference reflects the cost of opening a position. The spread is dependent on many different factors, including but not limited to, the underlying liquidity and volatility, time of day and notional trade size. For example, if the underlying asset BTC/USD is trading at 15188 our ask (buy) price might be 15700 and the bid (sell) price might be 14676. The spread in this example is (ask-sell price) = 1024
Nature: —
Type: Commission
Description: A fee of 2.9% of the transaction for opening CFD cryptocurrency short positions. For example, if a Client want to invest an amount of $1 to buy a CFD on Bitcoin, he will be charged an additional amount of 2.9% on the investment amount i.e. $0.029 for opening his position.
Nature: Ongoing costs
Type: Swap Fee
Description: The Company reserves the right to charge the Client a swap fee (of 0.065% of the face value of the position where the underlying asset is Bitcoin, Ethereum and Ripple) for keeping a position open overnight. This swap fee can be subject to changes in the future. The swap fee for overnight keeping of positions on Friday is 3 times the normal swap fee to include the weekend.
Nature: Other costs
Type: Dormant account fees
Description: In the absence of any account activity for a period of at least ninety (90) consecutive days an amount of €50 (Euro Fifty or the equivalent amount in another currency on the day of deduction of the fee) every month in order to maintain the account, on the condition that the Client account has the available funds.
Nature: —
Type: Withdrawal fees
Description: No withdrawal fees for withdrawals through payment service providers (PSPs). List of PSPs is included below. Withdrawals for amounts under €2 or the equivalent in another currency cannot be processed and client has to contact customer support. Withdrawals through bank transferring is €50 or the equivalent in another currency for every withdrawal. For Bitcoin (BTC) withdrawals the Client will be charged an amount equal 0,05% of the BTC amount requested for withdrawal and a fixed fee of 0,001 BTC per withdrawal.
Binary Options on Forex, Stocks
Nature: Other costs
Type: Dormant account fees
Description: In the absence of any account activity for a period of at least ninety (90) consecutive days an amount of €50 (Euro Fifty or the equivalent amount in another currency on the day of deduction of the fee) every month in order to maintain the account, on the condition that the Client account has the available funds.
Nature: —
Type: Withdrawal fees
Description: No withdrawal fees for withdrawals through payment service providers (PSPs). List of PSPs is included below. Withdrawals for amounts under €2 or the equivalent in another currency cannot be processed and client has to contact customer support. Withdrawals through bank transferring is €50 or the equivalent in another currency for every withdrawal.
Digital Options on Forex, Stocks
Nature: Other costs
Type: Dormant account fees
Description: In the absence of any account activity for a period of at least ninety (90) consecutive days an amount of €50 (Euro Fifty or the equivalent amount in another currency on the day of deduction of the fee) every month in order to maintain the account, on the condition that the Client account has the available funds.
Nature: —
Type: Withdrawal fees
Description: No withdrawal fees for withdrawals through payment service providers (PSPs). List of PSPs is included below. Withdrawals for amounts under €2 or the equivalent in another currency cannot be processed and client has to contact customer support. Withdrawals through bank transferring is €50 or the equivalent in another currency for every withdrawal.
Further information on fees:
1. Deposit Fees
There are no deposit fees charged to the Client for the financial instruments that the Company offers.
2. Commission Fees (for CFDs on Cryptocurrencies):
Clients are entitled to use OTN tokens to reduce the brokerage commission charged by the Company for opening CFDs on cryptocurrencies. For this purpose, clients can find the current internal rate of OTN tokens value for paying commissions on the OTN tab of the trading platform.
3. Dormant Account Fees
For Dormant account fees, the administration fee shall be deducted from the Client’s account on the 90th calendar day of inactivity when the account is considered dormant. Further to this, each month the Company will consider the activity over the past 90 days in determining if the administrative fee will be charged again.
The Company strives to ensure and keep correspondence with each respective Client and will inform the Client by email that their account will be treated as Dormant Account.
If the Client account does not have the necessary funds for the administration fee and has remained inactive for a period of 12 months, the Company reserves the right to charge a lower amount to cover administrative expenses and close the account completely.
All the amounts of the fees and other expenses are stated without any taxes and charges that may be imposed on the mentioned fees either from the side of the Client or the Company.
4. Verification Account Closure Fee
The Company reserves the right to charge the client for closure of their account, in circumstances where the closure of the account is made because the client has not provided accurate & appropriate documentation to verify his/her account.
If the client does not provide the Company with documents to verify his/her account, in line with the Law, within 15 days from the date of his/her first deposit (“start of business relationship”), the Company will return all remaining funds, excluding profits. In instances where the remaining balance in the client’s account is less than 5€, the Company will charge up to *5€ (five Euros or the relevant amount on another currency on the day of deduction of the fee) for the closure of the account.
In instances where the client’s remaining balance is above €5, no charge will be made for return of these funds.
*For full conditions please refer to the Company’s Terms & Conditions.